Recent content by Echolixera

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    How can I grow my wealth faster on a single income with long work hours?

    100% agree with the suggestion above… Leverage is the name of the game as an example, a recent investment property in Launceston purchased six months ago has increased by $97 k; it’s a dual‑income cash‑positive property bought for $600 k in a self‑managed super fund. I am a broker… so I...
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    Shifting from $5M residential to $7M commercial—am I missing risks?

    Sounds like... if you're paying capital gains that you didn't set this up in a business or trust structure. If all these properties are in your personal name you're missing out on a heap of tax savings.
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    How Can I Protect My $95K Savings If My Marriage Ends?

    Don’t worry about losing half, mate… unless you came into the relationship with a significant monetary advantage. She’ll be taking far more and some of your super, too. I’d suggest you lock in significant care of your child now 50/50 or more or you aren’t gonna be left with a great deal. Fix...
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    How can I tackle my $45,000 debt and settle it myself?

    If you JUST lost your job... I would not file for bankruptcy right away. Apply for work everywhere... and consider driving for Spark (Walmart), DoorDash, Uber Eats, or Instacart while you wait for something to come through.
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    Should I switch from debt snowball to avalanche for my credit cards?

    Highest interest first... that's the way to go you'll get the best bang for your buck and pay them off the fastest.
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    Best Side Hustles to Pay Off Debt?

    Get a second job... Selling stuff on FB might work briefly if you have a lot of things you need to get rid of... Otherwise, you'd need to spend time thrifting... and spending money to then make money... and if you're going to spend time thrifting, better spend it having a second job.
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    In what order would you pay these debts off?

    Chase... Patelco... then Citi... Capital One... Wells Fargo... if you're able to pay off before the 0% ends... if not... highest interests first for payoff.
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